Capital Investment Services Announces Closing of Private Placement.MIAMI -- Capital Investment Services, Inc. ("CIS Cis (sĭs), same as Kish (1.) (1) (CompuServe Information Service) See CompuServe. (2) (Card Information S ") a retail and institutional broker-dealer and investment banking firm, and a wholly-owned subsidiary of Southern Trust Securities Holding Corp. ("Southern Trust") (Pink Sheets:SOHL), announced today that it has closed the private placement of 9.5 million dollars of preferred stock for Air Temp North America, Inc. (Pink Sheets:ATPN), the parent company for Air Temp de Mexico, S.A. de C.V. CIS and its client, La Terraza Trading and Asset Management LTD ("La Terraza"), arranged for investors for the financing. Air Temp de Mexico designs and manufactures heat exchangers, plastic injection parts and air conditioning systems for the automotive industry. La Terraza is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , which manages the assets of high net-worth individuals and institutions with a focus on investing in private placements with small to micro cap companies. La Terraza offices are located in Madrid, Spain. Timothy F. Laney, Managing Director, can be reached at 34-91-298-3530. Southern Trust, a corporation head-quartered in Coral Gables, Florida Often called "The Gables," Coral Gables is a city in Miami-Dade County, Florida, southwest of Miami, in the United States. The city is best known as the home of the University of Miami, and as an example of City Beautiful urban planning. , is the holding company for CIS and CIS Asset Management, Inc. CIS offers its clients access to all major domestic and international securities and options exchanges, as well as trading in fixed income products, options, corporate, government, agencies, municipals, and emerging market debt. It manages financial portfolios for individuals, pension funds, retirement plans, foundations, trusts and corporations. CIS also has an investment banking group which focuses on merger and acquisition services, private placements convertible into publicly-traded shares, and private placements bridging to public offerings through reverse mergers into publicly-traded shell corporations. As a registered broker-dealer, CIS is a member of the National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). ), the Securities Investors Protection Corporation (SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. ), the National Futures Association National Futures Association (NFA) The futures industry self-regulatory organization established in 1982. (NFA), and the Municipal Securities Review Board (MSRB MSRB See Municipal Securities Rulemaking Board (MSRB). ). Forward-Looking Statements This press release contains, or may contain, forward looking statements, such as statements regarding the growth strategy in the industry in which Southern Trust operates. Any forward-looking statements contained in this press release are subject to other risks and uncertainties. Southern Trust assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect. |
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